Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...
Chinese authorities summoned Walmart executives to discuss alleged demands for major price reductions from suppliers due to ...
The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.
The move marks Beijing’s efforts to show strength as President Donald Trump targets China with consecutive rounds of trade tariffs. Bloomberg reported last week that Walmart asked some suppliers for ...
Illumina slashes costs by $100 million after China bans its sequencers. The company lowers its 2025 EPS outlook and aims for ...
Larry Fink's clout is on display with a $23 billion deal for ports in Panama and beyond. Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its ...
Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights. Oracle said ...
Illumina (ILMN) is reducing its forecast for this year’s financial performance and cutting $100M in spending because China barred sales of its ...
Beijing banned imports of Illumina’s gene-sequencing machines in response to U.S. tariffs.
U.S. President Donald Trump has issued a memorandum directing federal agencies to restrict inbound and outbound investments ...
Illumina is not banned from operating in the country and will continue to serve its existing customers, a company ...
AbbVie, Thermo Fisher Scientific, Danaher, Vertex Pharmaceuticals, and Illumina are the five Biotech stocks to watch today, according to MarketBeat’s stock screener tool. Biotech stocks represent ...